Case Study
Insurance
Google + Meta

Managing a £400k+ Per Month Insurance Acquisition Campaign

A multi-channel performance marketing campaign focused on scaling quote requests while improving conversion efficiency.

Campaign Highlights

£7.8M
Total Ad Spend
£430k
Avg Monthly Spend
2.4M
Quote Requests
£3.25
Cost Per Quote
+22%
Conversion Uplift
28%
CAC Reduction

Client Overview

An online insurance platform wanted to scale customer acquisition through digital advertising while maintaining efficient customer acquisition costs.

The company was investing heavily in performance marketing and required continuous optimisation across advertising campaigns and conversion funnels.

The Challenge

Insurance acquisition campaigns operate at significant scale, meaning even small improvements in conversion rates can have a major impact on profitability.

The challenge was scaling acquisition while continuously refining targeting, creative performance and conversion funnels.

Strategy

Platinum Prospects supported the growth team through large-scale performance marketing testing and optimisation.

Google search campaigns targeting high-intent insurance keywords

Meta advertising campaigns targeting potential policyholders

Creative testing across multiple ad formats

Landing page optimisation

Quote funnel conversion testing

Audience segmentation and optimisation

Continuous campaign performance analysis

Campaign Performance

18 months
Campaign Duration
£430,000
Avg Monthly Spend
£7,800,000
Total Ad Spend
2,400,000
Quote Requests
£3.25
Avg Cost Per Quote
+22%
Quote-to-Policy Conversion Improvement
28%
Customer Acquisition Cost Reduction

Over 18 months, the campaign maintained an average monthly spend of £430,000 while continuously improving efficiency. The cost per quote request averaged £3.25 across 2.4 million quote submissions.

Optimisation Approach

The campaign focused heavily on experimentation and optimisation.

Creative Testing

Hundreds of ad variations tested across formats and placements

Audience Segmentation

Continuous testing of audience segments and targeting strategies

Landing Page Optimisation

Conversion-focused landing page testing and refinement

Quote Funnel Improvements

Step-by-step optimisation of the quote request conversion flow

Performance-Based Allocation

Budget allocation driven by real-time performance signals

Result

Quote Requests
2.4M
CAC Reduction
28%
Conversion Uplift
+22%

The campaign successfully scaled acquisition while improving efficiency across the funnel. Through ongoing optimisation and testing, the platform was able to acquire millions of potential customers while reducing overall acquisition costs.

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